Solvay and Airbus sign contract extension for composite and auxiliary materials
Alpharetta, Georgia, USA July 19, 2018 --- Solvay and Airbus have signed a contract extension until 2025 for the supply of advanced materials.
This contract extends the portfolio of products supplied to Airbus to include a range of primary and secondary structure in and out of autoclave cure prepregs for commercial aircraft and aerospace programs, market leading adhesives and lightning strike protection materials for the A350 XWB, auxiliary materials and kits for the A350 XWB and a range of products sold to Airbus Group for helicopters, space and associated partner companies’ applications.
“Solvay is proud to continue supporting key Airbus programs by offering an extensive package of tailored products and services. We believe this extended contract, by securing supply for key current programs, will enable Solvay and Airbus to focus their efforts on future strategic collaborations” said Carmelo Lo Faro, President of Solvay’s Composite Materials Global Business Unit.
Solvay is an advanced materials and specialty chemicals company, committed to developing chemistry that addresses key societal challenges. Solvay innovates and partners with customers worldwide in many diverse end markets. Its products are used in planes, cars, batteries, smart and medical devices, as well as in mineral and oil and gas extraction, enhancing efficiency and sustainability. Its lightweighting materials promote cleaner mobility, its formulations optimize the use of resources and its performance chemicals improve air and water quality. Solvay is headquartered in Brussels with around 26,800 employees in 61 countries. Net sales were €10.1 billion in 2017, with 90% from activities where Solvay ranks among the world’s top 3 leaders, resulting in an EBITDA margin of 22%. Solvay SA (SOLB.BE) is listed on Euronext Brussels and Paris (Bloomberg: SOLB.BB - Reuters: SOLB.BR) and in the United States its shares (SOLVY) are traded through a level-1 ADR program. Financial figures take into account the announced divestment of Polyamides.